Phantom vs ShapeShift

How Phantom vs ShapeShift compare on our ratings, wallet specs, funding, pros and cons.

Phantom3.8/5
VS
Feature
Ratings
Our score3.8/54.2/5
User ratingNo reviews yetNo reviews yet
Security3.54.0
Ease of use4.04.0
Chain support4.04.5
Features4.54.0
Privacy3.04.5
Specs
KYC requiredNot disclosed No
Wallet typeMobile, Browser extensionMobile, Web
CustodySelf-custodialSelf-custodial
ChainsSolanaEthereum, Bitcoin, Solana, BNB Chain, Arbitrum, Base, Polygon, Avalanche, Tron, Cosmos, Other
PlatformsiOS, Android, Chrome, Firefox, Edge, BraveiOS, Android
Open sourceNot disclosed Yes
Hardware wallet support Yes Yes
In-app swaps Yes Yes
StakingNot disclosed Yes
NFT support YesNot disclosed
Buy crypto in app Yes Yes
WalletConnectNot disclosed Yes
Security featuresScam detection, Transaction warnings, Spending limitsNot disclosed
Built-in dApp browser YesNot disclosed
Swap feeNot disclosed0%
Perpetuals trading YesNot disclosed
Company
Founded20212014
HeadquartersUnited StatesSwitzerland
InvestorsParadigm, Sequoia Capital, Variant, a16z crypto +8Earlybird Venture Capital, Access Venture Partners, Blockchain Capital, Lakestar +3
Strengths and weaknesses
Pros
  • Self-custodial custody across five supported networks
  • Available on iOS, Android and four browsers: Chrome, Firefox, Edge and Brave
  • 20M+ users reported on October 17, 2026
  • Ledger connection adds hardware-wallet support
  • Zero platform commission fees charged on decentralized trades
  • No identity verification or KYC required to swap or store funds
  • Covers more than 10,000 assets across 48 native blockchains
  • Direct hardware wallet connectivity for Ledger and Tangem devices
Cons
  • Seed-phrase loss can permanently block access
  • Sui and Monad support have been deprecated
  • Not available to UK users
  • Perpetuals add liquidation and market risk
  • Third-party routing protocols and automated market makers impose variable swap fees and spreads
  • Cross-chain execution risks depend entirely on third-party bridge and DEX contract security
  • Users bear total responsibility for managing unassisted seed-phrase recovery
  • Trustpilot average rating stood at 3.0 out of 5 in March 2026
Best forSolana and multichain users, Mobile wallet users, On-chain tradersKYC-free cross-chain asset swaps, Multichain DeFi asset management, Hardware wallet integration users

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.